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Yellen's Backstop Message, First Republic Shares Jump, Nvidia and the AI Arms Race 03/21/23

Squawk on the Street

00:00

Yellen's 'Zombie Bank Walking'

CNN's John Sutter looks at some of the latest developments surrounding banking turmoil. He says he thinks there must be a larger deposit alpha than we realize. The only name that really is, I continue to say, that is just zombie bank walking is first Republican,. What will happen with Jamie Diamond coming out and saying, listen, first republic, that's solved?

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